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$SPACE Signal】Empty Position Observation: Market Structure Repair After Violent Liquidation
$SPACE After experiencing a -29% violent decline, the price action shows typical panic selling and long liquidation. Currently, open interest remains high, and it is necessary to observe whether the downward momentum exhausts itself.
🎯 Direction: Short (NoPosition)
🎯 Entry: Not involved for now
🛑 Stop Loss: N/A
🚀 Target 1: N/A
🚀 Target 2: N/A
Hardcore Logic: Nearly 30% daily decline accompanied by high trading volume and open interest, which is a typical long leverage liquidation driven scenario